Mandalay Resources Corp. (TSE:MND – Get Free Report)’s share price traded up 10.6% during trading on Monday . The stock traded as high as C$5.54 and last traded at C$5.43. 83,852 shares traded hands during trading, an increase of 5% from the average session volume of 80,156 shares. The stock had previously closed at C$4.91.
Mandalay Resources Stock Performance
The stock has a market cap of C$363.60 million, a price-to-earnings ratio of 12.09 and a beta of 0.43. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.89 and a current ratio of 2.00. The company’s 50 day simple moving average is C$4.63 and its 200 day simple moving average is C$3.93.
Insider Buying and Selling at Mandalay Resources
In other news, Senior Officer Frazer William Bourchier sold 27,692 shares of Mandalay Resources stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$4.70, for a total value of C$130,152.40. Also, Director Bradford Mills sold 400,000 shares of Mandalay Resources stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$4.30, for a total transaction of C$1,720,000.00. 1.68% of the stock is owned by corporate insiders.
About Mandalay Resources
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of various mineral properties. It explores for gold, silver, and antimony deposits. The company holds a 100% interest in the Costerfield gold-antimony mine covering an area of 7,540.78 hectares (ha) located in Central Victoria, Australia; and the Bjorkdal gold mine that comprises 9 mining concessions and 19 exploration permits located in Vasterbotten County in northern Sweden.
Featured Articles
- Five stocks we like better than Mandalay Resources
- How to trade penny stocks: A step-by-step guide
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- How to Read Stock Charts for Beginners
- 3 Must-Own Stocks to Build Wealth This Decade
- What Are Dividend Achievers? An Introduction
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Mandalay Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mandalay Resources and related companies with MarketBeat.com's FREE daily email newsletter.